“As everywhere, the economic situation is good in Frangy, even if there is a shortage of properties in the old one, remarks Didier Persoud at the head of the agency Plus Immo in Frangy. Usually, people who sell divorce or leave the region because of work, or they are retirees who leave their homes to buy an apartment in the center of town.
These phenomena seem to occur less because those who want to buy will not find anything within their budget in the surroundings. “
On the buyers’ side, they are mainly cross-border workers, for at least one of the two spouses. The others arrive from all over France and settle here in Haute-Savoie. “Often, they do not have the means to buy in the Annecy area or in the border area,” admits the real estate agent.
All services nearby
This city of more than 2,200 inhabitants is attractive because it has all the advantages of a village, especially for families with services from day nursery to college, “where children can go alone, without the stress of a large city, with in addition all the services of proximity between the supermarket, the food stores, the doctors, a pharmacy… ”, details Didier Persoud.
Located about thirty minutes by car from Annecy and as much from the Geneva border, it no longer has the reputation of being “the end of the world” in Haute-Savoie.
A town center soon to be renovated
In the old one, the Immo Plus agency sold a one-bedroom apartment of 51 m² for € 190,000 in the center of Frangy, as well as an old farm of 160 m² on 1,000 m² of land for € 480,000 in Marlioz , a village nearby.
The town is counting on the remodeling of its town center which will change its face with 900 m² of premises for new shops on a future main square where more than 80 new homes will be built between 2023 and 2025. The price of an apartment is between € 3,600 and € 3,800 per m².
The offer in new buildings remains rare because the town is located at the bottom of the valley with “very few flat areas and a fairly dynamic agriculture to preserve”, explains Didier Persoud.